1291 Gordon Street Unit 608, Guelph

Price: $509,000

3 bedrooms, 3 bathrooms

900 sqft

Property Type: Condo

MLS#: X13113072

Experience elevated living and exceptional investment potential at Solstice Condos, one of Guelph's most sought-after condominium communities in the city's thriving south end. Surrounded by mature greenery and conveniently located steps to shopping, restaurants, grocery stores, entertainment, parks, libraries, and community centres, this prime location also offers public transit directly at the doorstep, providing seamless access for professionals, students, and commuters alike. This bright and spacious 3-bedroom, 3-bathroom suite features a functional open-concept layout designed for comfortable modern living. Residents enjoy access to premium building amenities, including a fully equipped fitness centre, recreation and media rooms, study spaces, concierge service, and ample visitor parking. One covered surface parking space is included.A standout advantage of this offering is that the unit is vacant and move-in ready. Ideal for investors seeking immediate leasing flexibility or end users looking for a hassle-free closing and occupancy. A true turnkey opportunity in a high-demand building with strong rental appeal.

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$509,000 - 1291 Gordon Street Unit 608, Guelph

Condo for Sale in Guelph

37 days on market
3Beds
3Baths
900Sq Ft
Condo
Property Details
MLS Number
X13113072
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
900 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX PREMIER INC.
Description

Experience elevated living and exceptional investment potential at Solstice Condos, one of Guelph's most sought-after condominium communities in the city's thriving south end. Surrounded by mature greenery and conveniently located steps to shopping, restaurants, grocery stores, entertainment, parks, libraries, and community centres, this prime location also offers public transit directly at the doorstep, providing seamless access for professionals, students, and commuters alike. This bright and spacious 3-bedroom, 3-bathroom suite features a functional open-concept layout designed for comfortable modern living. Residents enjoy access to premium building amenities, including a fully equipped fitness centre, recreation and media rooms, study spaces, concierge service, and ample visitor parking. One covered surface parking space is included.A standout advantage of this offering is that the unit is vacant and move-in ready. Ideal for investors seeking immediate leasing flexibility or end users looking for a hassle-free closing and occupancy. A true turnkey opportunity in a high-demand building with strong rental appeal.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,611.43/mo

Includes CMHC insurance ($14,201)

$
$
5%10%50%

5-yr fixed avg.

Principal: $458,100Interest: $311,129
Mortgage Amount$472,301
Total Interest$311,129
Est. Property Tax$361/mo
Total Cost$783,430

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Guelph

Discover Guelph

Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Guelph

  • Convenient location in Guelph
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1291 Gordon Street Unit 608, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,628

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $566/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1291 Gordon Street Unit 608, Guelph | $509,000 | Battaglia Team